Business Bay · DAMAC Properties
Layouts and the handover date come from the sales-launch announcement; the date of that announcement is shown next to the prices. It is what the developer claimed at launch, not a registry record — off-plan, phasing and dates get revised. I will send the current ones over WhatsApp.
35-storey residential building in Business Bay, currently under construction. Developer — DAMAC Properties.
Specifications for Altitude Tower as published by the developer — the project is under construction, so there is no Land Department record yet. They describe the whole building, not the individual unit.
Altitude Tower is a 35-storey residential building in Business Bay, handover is due Март 2028.
The developer is DAMAC Properties.
Layouts, according to the sales-launch announcement — studios, 1, 2 and 3 bedrooms.
The database has nothing for this project at the moment: lots come and go here, and it refreshes nightly.
A DAMAC tower in Business Bay under the de Grisogono brand: 35 storeys, studios through three-bedroom apartments plus duplexes, handover slated for March 2028.
The configuration from the launch materials: three basement levels, a ground floor, three podium levels, 35 residential floors and a rooftop. Views of the canal and Downtown. The brand is jeweller de Grisogono, a partner DAMAC has worked with before.
Average sizes and prices as of January 2024: a 442 sq ft studio at AED 1.32 million (~$360K), an 857 sq ft one-bedroom at AED 2.38 million, a 1,386 sq ft two-bedroom at AED 3.89 million, a 2,025 sq ft three-bedroom at AED 6.36 million, and a 3,913 sq ft duplex two-bedroom at AED 9.39 million (~$2.56M).
Payment plan: 70/30. Separately, a launch offer was announced: a "1% per month" plan and the developer covering the 4% Land Department fee (paid to Dubai's Land Department, which registers the sale).
Entry went through fixed-amount EOIs (Expressions of Interest — refundable reservation payments made before a unit is formally allocated): AED 60,000 for a studio, AED 100,000 for a one-bedroom, AED 170,000 for a two-bedroom, AED 320,000 for a three-bedroom, AED 450,000 for a duplex. The sales event was set for 30 January 2024.
The gap between the average studio price of AED 1.32 million (~$360K) and the duplex at AED 9.39 million (~$2.56M) is sevenfold. For a Business Bay tower, that is a wide range, and it means a different clientele on different floors.
Configuration, sizes, average prices, payment plan and EOI amounts are from the developer's launch materials, January 2024 (the Altitude Tower announcement and DAMAC's launch offer).
The pin is placed by district — I send the exact address on request.
Lots for this project come and go, and the stock is topped up nightly. Message me — I will look through the closed bases and find the closest alternatives in Business Bay.
Ask about this projectThe final payment on this building falls in 2028 — under off-plan plans that is 40–60% of the price in one go. A UAE bank closes it: the flat becomes the security, and nothing is added on top of what the developer has already been paid.
Already been invoiced, or missed the date? That is not a dead end either — write and we will look at what the developer will accept.
Ask on WhatsAppDAMAC Properties.
35.
The sales-launch announcement says Март 2028. The date in the contract for a particular unit can differ — I check it before the deal.
Studios, 1-bedroom, 2-bedroom and 3-bedroom, according to the sales-launch announcement. Which sizes are actually free right now depends on what is on the market; I will send the current list.
Business Bay. The canal district next to Downtown: conceived as offices, built mostly as apartments, now one of the most tenanted parts of the city.
Our database has no open listings for Altitude Tower at the moment. I will check the price of the layout you want against the closed databases and send it together with the deal costs.
What has been written about the building, its developer and Business Bay
Business Bay recorded 14 prime transactions in August 2026 against Palm Jumeirah's 10 — while Dubai-wide transaction volume fell 37% year-on-year and value fell 44%. Rental search demand rose 44% over the same period. What these seemingly contradictory numbers actually mean.
Corinthia Dubai, twin towers above 500 m on Sheikh Zayed Road with a rooftop pool and a Corinthia hotel, is due by 2030. Al Habtoor Group has announced an AED 5bn ($1.36bn) office tower in Al Habtoor City. What the two projects say about the market and who should care.
Omniyat bought a reclaimed island in Marasi Bay to build the Burj Khalifa district's only urban beach club and Sunset Park, a private floating island for VELA Viento residents. In March 2026 it priced a $600m sukuk at 7.25% and said its $11.7bn launched portfolio is fully funded to completion.
Deyaar is building DWTN (Downtown) Residences in Business Bay: twin 445 m, 111-storey towers with 522 homes — 432 apartments, 76 duplexes, 13 penthouses and a “Royal Palace”. From AED 1.86m with half due at keys. Construction began in January 2026; completion is quoted for 2029–2030.
In October 2024 Binghatti said it would lift its portfolio from about AED 40bn to AED 100bn ($27.2bn) in 18 months. In 2025 revenue reached AED 12.43bn, more than 17 000 units were sold, and the AED 30bn Binghatti City launched in Nad Al Sheba. What the growth means for buyers.
Downtown is Dubai's tourist and status core, around AED 2 433/sqft on our own data. Business Bay is the business district next door, home to 17 000+ companies, around AED 1 871/sqft. We compare lifestyle, rental economics and who should pick which.
SOM designed Burj Khalifa and a 74-metre metro station in Creek Harbour that will be the tallest in the world. Zaha Hadid Architects built The Opus and is now building Oystra in Ras Al Khaimah. What separates a real premium from a marketing line.
Three major office schemes are rising around DIFC and Business Bay: Immersive Tower ($300m, 58 573 sq m, 2027), Aldar's 88 000 sq m tower by Emirates Towers metro (Q4 2027), and an office park with a theatre on Business Bay's largest plot. Vacancy in central clusters sits at 2–5%.
The RTA and Dubai Holding signed an AED 6bn (about $1.6bn) road programme: four new JVC access points with interchanges, double the capacity and 70% shorter journeys. Hessa Street phase two adds a 780 m bridge and a 480 m tunnel out of JVC. What it means for owners and buyers.
I will tell you which layouts are available now, what entry really costs and what the people who live in or let the building think of it — no marketing language.
Telegram is the fastest way — I answer personally.
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